1106-1110 S MAIN Street

$350,000.00 Lewistown, IL 61542
  • 0.38 Acres
  • Fulton County

Description

Excellent investment opportunity for a car wash and laundromat combination, the ”Wash Zone,” located on State Route 24/S. Main Street in Lewistown, Illinois. This is the only car wash and laundromat in Lewistown (population 1,963). 2023 net operating income (NOI) was $69,630 for a nearly 19.8% CAP rate. Traffic counts at this corner are 7900 per day. Carwash has 1 automatic bay and 3 manual wash bays. Sellers have operated this business for 12 years and are ready to retire - sellers average 8-10 hours per week maintaining the property. Updated features include: energy efficient boiler in carwash floor (2019), new boiler for carwash floor (2024), automatic car wash (2015), reverse osmosis (2019), water softener (2017), energy efficient windows (2013), laundromat water heater (2013), 10 front loading washing machines (2012), exterior of buildings painted (2015), new "pay stations" for car wash (2022), and asphalt parking lot resurfaced (2022).

Key Features

  • Property Type Commercial Sale
  • Acres 0.38 Acres
  • Minerals Call for more info
  • MLS # PA1207552

Property Map

Contact Us

  • This field is for validation purposes and should be left unchanged.

Similar Properties

  • 580 LINN Street

    Canton, IL 61520

    **Huge Price Reduction* Take a look at this commercial building with loads of potential for any business you can imagine! Parking lot in the rear with an entry door. 2 story....

    • $100,000.00
    • Fulton County
    Learn More »
  • 1677 E Smokey Road

    Avon, IL 61415

    New septic 12/24! Nestled on 5 expansive acres, this property offers a unique combination of residential comfort and exceptional business or hobby potential. The main home boa...

    • $355,000.00
    • 5.13 Acres
    • Fulton County
    Learn More »